Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Monetary Policy Report Press Conference Opening Statement –…
Good morning. Senior Deputy Governor Wilkins and I are pleased to be with you to answer your questions about today’s policy announcement and Monetary Policy Report (MPR). The COVID-19 pandemic has caused an unprecedented fall in economic…
RBA: Statement by Philip Lowe, Governor: Monetary Policy…
At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. The global economy has…
Banco De Mexico Monetary Policy Statement
Banco de México’s Governing Board decided to lower the target for the overnight interbank interest rate by 50 basis points to 5%. The COVID-19 pandemic and the measures adopted to prevent its spread have affected…
Monetary Policy easing to continue
Tēnā koutou katoa, welcome all. The Monetary Policy Committee agreed to continue with the Large Scale Asset Purchase (LSAP) programme aimed at keeping interest rates low for the foreseeable future. The LSAP quantum remains set…
FED: U.S. Economic Outlook and Monetary Policy (via…
It is my pleasure to meet virtually this evening with the members and invited guests of the Foreign Policy Association (FPA).1 I am truly honored to receive the Foreign Policy Association Medal. Past honorees have included…
FED: Decisions Regarding Monetary Policy Implementation
The Federal Reserve has made the following decisions to implement the monetary policy stance announced by the Federal Open Market Committee in its statement on June 10, 2020: The Board of Governors of the Federal Reserve System…
National Bank of Ukraine: Yakiv Smolii : Labor…
Opening speech by Mr Yakiv Smolii, Governor of the National Bank of Ukraine, at the Annual Research Conference "Labor Market and Monetary Policy", organized by the National Bank of Ukraine and the National Bank of Poland,…
Bank of Canada: Opening Statement before the Senate…
Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I welcome the opportunity to appear before you to discuss the Bank of Canada’s actions in response to the coronavirus pandemic. Since the…